Gavin Newsom just added $324,000 to every new house in California.
Page 137 of a bill nobody read.
Your $600K starter home is now $924K.
Your $2,500 rent just hit $3,850.
They called it “housing reform.”
It’s the biggest housing tax in state history.
🧵 Thread 👇 pic.twitter.com/ghDrwviTxu— Ramin Ekhtiar (@raminrealtalk) April 22, 2026
Even if you carpool.
Even if you drive electric.
Even if you walk to work.
Doesn’t matter.
The fee is on the HOUSE. Not on you.
The developer paid it. The price was inflated. You wrote the check.
Sacramento got their money before you turned the key.— Ramin Ekhtiar (@raminrealtalk) April 22, 2026
Factcheck:
No, not exactly. AB 130 (signed by Newsom June 30, 2025) has Section 58 allowing developers to mitigate VMT/CEQA impacts by paying into a fund for transit-oriented affordable housing projects.
Critics (like CARE About Housing) estimate this *could* add up to ~$16k/year or $324k over 20 years per unit in high-VMT areas—but it’s not a flat “$324k tax” on every new house. It’s optional mitigation, project-specific, and the bill also streamlines approvals and cuts some barriers.
The viral framing exaggerates it as a universal cost hike.